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Big Island Real Estate Report

DECEMBER 2024

Market Statistics

BIG ISLAND MEDIAN PRICES DOWN COMPARED TO DECEMBER 2023

Big Island median sale price movement is down in December 2024, with the home price down -11% to $490,000 and the condo price down -22% to $464,000 from last year.

BIG ISLAND SALES ACTIVITY UP FROM DECEMBER 2023

Big Island sales activity is up in December 2024, with home sales up 12% and condo sales up 23% from last year.

MEDIAN DAYS ON MARKET UP FROM DECEMBER 2023

Big Island market times are up in December 2024, with the home Days on Market up 83% to 44 and the condo Days on Market up 513% to 49 from last year.

SINGLE FAMILY HOMES This MONTH DECEMBER 2024 Last MONTH NOVEMBER 2024 Last Year DECEMBER 2023
Median Sale Price $490,000 $550,000 $550,000
Average Sale Price $887,645 $873,746 $1,006,588
Homes Sold 160 134 143
Median Days on Market 44 38 24
Bid Ups 14% 19% 15%
CONDOMINIUMS This MONTH DECEMBER 2024 Last MONTH NOVEMBER 2024 Last Year DECEMBER 2023
Median Sale Price $464,000 $650,000 $598,500
Average Sale Price $706,981 $830,198 $960,750
Condos Sold 37 43 30
Median Days on Market 49 43 8
Bid Ups 5% 14% 17%
MARKET REPORTS

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